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Why choose
FedSource over other government-wide
contracts?
Customer Service.
Government-wide schedules simply provide a
list of approved vendors. FedSource
negotiates, administers and maintains your
contracts, and we provide you with one
convenient bill at the end of the
month.
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What is a
Franchise Fund?
Franchise Funds were
established by Congress under the Government
Management Reform Act of 1994, Public Law
103-356 to foster competition and creativity
in government. FedSource operates
under the franchise granted to the U.S.
Department of the Treasury and our mission is
to provide government-to-government support on
a competitive,fully cost-reimbursable
basis.
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Is
FedSource affiliated with other
Treasury Franchises?
FedSource is
an alliance of the Treasury's Baltimore, Beaufort,
Chicago, Cincinnati, Denver, Los Angeles, San Antonio,
Seattle and St. Louis Franchise offices.
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What can a
recovery audit do for my
organization?
On the average, private
sector recovery audits turn up one payment
error for every 1,000 purchases. Federal
payment errors have occurred at four times
that rate in limited recovery audits that
already have been conducted in some executive
agencies. --Government Executive
Magazine. 11/17/99
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How will my
agency benefit from an EAP
program?
For every dollar they
invest in an EAP, employers generally save
anywhere from $5 to $16. The average annual
cost for an EAP ranges from $12 to $20 per
employee.
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How long does it
take to start Project Support
services?
Once we have your
signed Interagency Agreement and funding document,
you are free to submit task orders for services. Some
services can begin within a day or two. Others may require a few
weeks for specialized recruitment.
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What about
competition and other FAR
requirements?
All FAR requirements
are met via full and open competition when
FedSource contracts are awarded.
FedSource conducts a rigorous
evaluation of all bidders to ensure our
customers get the best value provider.
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Under what
authority does FedSource purchase and
provide interagency services?
Unlike many interagency
acquisitions which generally fall under the Economy Act,
FedSource has its own independent
authority under the Treasury Department
Appropriation Act of 1997 (PL 104-208) as
amended by the Treasury Department
Appropriation Act of 2001 (PL 106-554 and PL 108-7). This
gives us the specific authority to provide services to
both the Treasury Department and to other Federal
agencies. Therefore,
our customers do not need to reference the
Economy Act to purchase from us.
Consolidated Appropriations Resolution, 2003
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How does
FedSource charge for
services?
The pricing we submit
to you will include all contract costs and
fees. We will bill your organization
electronically based on your funding document.
Bills are issued monthly. You will receive a
detailed statement outlining services and
charges, regardless of the number of services
you select.
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Who will I deal
with on a daily basis?
A FedSource
representative is always available to assist
you with any service concerns or questions.
Unlike some other cross-servicing agencies, we
are your advocates with vendors. It’s
just part of the value-added service you get
with FedSource.
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